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Updated about 6 years ago,
Mobile home investment
Hello folks, I came across two mobile home parks that are for sale and they cash flow very well per the rent roll. I’ll try and get a conventional loan though maybe difficult so next step would be hard money lender. I’ve never invested in mobile homes before, I have a duplex but feel it would be difficult for me to pass on this opportunity. Any folks there with experience in mobile home investing? I would appreciate any advice, also resources to read from so I can educate myself especially if I need to approach a hard money lender. I’m sure hml will have certain questions they’ll need answers for, if there are hm lenders reading my post, could you please reach out to me. Thanks folks.